AlterPolitics New Post

Alan Greenspan To GOP: Let Bush Tax Cuts Lapse

by on Friday, July 16, 2010 at 2:59 pm EDT in Politics

International Monetary Fund Photograph/Stephen Jaffe

The former Fed Chairman, Alan Greenspan, is now rebuking the popular GOP Supply-Side talking point (as trumpeted recently by Mitch McConnell) that tax cuts increase revenues, and therefore help reduce deficits:

They should follow the law and let [Bush’s tax cuts] lapse,” Greenspan said in an interview on Bloomberg Television’s “Conversations with Judy Woodruff,” citing a need for the tax revenue to reduce the federal budget deficit. […]

Greenspan, in a telephone conversation after his Bloomberg TV interview was taped, said his position is that all the expiring Bush tax cuts should end, for middle-class and high- income families alike.

Ending the cuts “probably will” slow growth, Greenspan, 84, said in the TV interview. The risk posed by inaction on the deficit is greater, he said.

“Unless we start to come to grips with this long-term outlook, we are going to have major problems,” said Greenspan, who led the U.S. central bank from 1987 to 2006. “I think we misunderstand the momentum of this deficit going forward.”

Here, he more or less lays responsibility for the huge deficit problems we now face at the doorsteps of the Bush Administration:

Greenspan said reducing the deficit is “going to be far more difficult than anybody imagines” after “a decade of major increases in federal spending and major tax cuts.”

Ironic, this coming from the guy who foolhardily endorsed Bush’s 2001 tax cuts, thereby helping to lay the ground work for the massive deficit expansion.

Regardless, this will hopefully take some of the wind out of the GOP/Tea Party sails — these self-proclaimed ‘fiscal warriors’.  After all, they have championed two grotesquely incompatible positions:  debt reduction AND tax cuts.

Tax cuts have long been the cornerstone of the Republican platform due to their obvious political popularity.  But the GOP has recently made debt reduction their ‘call to action’.  After they bequeathed a tumultuous economic disaster to an incoming President Obama, the GOP knew he would be forced — as was called for by every credible economist in the world — to increase federal spending to keep the country from spiraling into a full blown depression.  It gave the GOP a quick recipe for attack: “Obama is just another big spending ‘socialist’ Democrat, intent on creating runaway deficits”.  They hoped to shift at least some of the blame for the staggering deficits they created onto him.  Disingenuous?–obviously, but they knew their low-information (propaganda devouring) base would swallow it, hook, line and sinker, and they did.

But a week ago their credibility as self-proclaimed ‘deficit hawks’ was called into question by none other than Chris Wallace (their own mascot) on The Fox News Channel (their home field).  And the ensuing fallout continues to reverberate across the main stream media and blogosphere.

The Washington Post recently posed the following question to the GOP:

The issue is whether the tax cuts for the wealthiest Americans should be extended, adding another $678 billion to the deficit over the next decade. The tax cuts, it’s worth remembering, passed originally in 2001 with the argument that the surplus was so large that rates could be cut with budgetary room to spare. Now that the fiscal picture has deteriorated so badly, the questions remains: How are you going to pay the $678 billion? And if you don’t, how are you going to justify the added damage to an already grim fiscal outlook?

If the GOP hopes to have any chance at recasting themselves as ‘deficit hawks’ to anyone left of their wing-nut base, they will have to address this glaring contradiction.  They cannot continue to defend tax cuts for the rich, and still claim they intend to be fiscally prudent next time around.

UPDATE:

According to the CBO (as reported by Financial Times):

The Joint Committee on Taxation confirms that extending George W. Bush’s tax cuts “would increase the federal budget deficit by cumulative $2.567 trillion between 2011 and 2020.”  It adds:

But that would also deepen a growing structural deficit caused by the cost of providing healthcare and social security to an ageing population.

The Congressional Budget Office projects that the national debt will balloon to 87 per cent of gross domestic product by 2020 and 185 per cent by 2035 if the tax cuts are extended and discretionary spending grows in line with the economy.

The Republicans want to extend all the cuts, while most Democrats support proposals by Barack Obama, president, to extend them only for households with incomes below $250,000, lowering the cost to $2.154 Trillion.

Democrats have accused the Republicans of hypocrisy when they block spending on economic stimulus in the name of cutting the deficit.

It’s obviously time to roll back ALL of Bush’s tax cuts.  President Obama, show some leadership on this!

Gov’t Accountability: The Only Antidote To Conspiracy Theories

by on Tuesday, March 9, 2010 at 7:30 pm EDT in Politics

Lately there’s been a deluge of conspiracy theories seeping into the American political discourse.   Outside the JFK Assassination, the 9-11 conspiracy theory is perhaps the most popular of them all.  There are varying themes, depending on who’s doing the advocating.  Some suggest the government actually organized 9-11; others believe the government knew something of an impending attack, but ceased to do anything about it.  Both of these theories are built upon the idea that the attacks were a necessary spark for implementing an ideological shock doctrine (i.e. a precursor to launch a war) .

Disclaimer: for the record, I do not advocate for 9-11 conspiracy theories.  Additionally, I am not a structural engineer, and thus have little knowledge about the validity of their ‘evidence’, other than what I’ve stumbled upon online and seen on television.

However, in an attempt to demonstrate there is some plausibility, at least in part, to their assertions, consider the third building to collapse that day: World Trade Center Building #7:

Building #7 was not hit by any of the planes, but somehow managed to collapse in a perfect free-fall acceleration that afternoon.  The collapse itself has some historic significance:  it is the first known instance of a tall building brought down primarily by uncontrolled fires — something previously deemed impossible.   That’s the official record — it was brought down by fires — the first of its kind.  The National Institute of Standards & Technology fact sheet highlights this point, as well as some other findings on the collapse of WTC7.

And now the plot thickens, as far as conspiracy is concerned:  The owner of WTC7, Larry Silverstein, stated in a PBS documentary that he and the FDNY jointly decided to pull the building:

“I remember getting a call from the, er, fire department commander, telling me that they were not sure they were gonna be able to contain the fire, and I said, ‘We’ve had such terrible loss of life, maybe the smartest thing to do is pull it.’ And they made that decision to pull and we watched the building collapse.”

WATCH the clip of the documentary:

[youtube]http://www.youtube.com/watch?v=7WYdAJQV100[/youtube]

I’ve read that for a building to collapse into its own footprint, as WTC7 did, ALL of the load bearing members must fail at the exact same moment — something achieved in controlled demolitions.  Assuming this is true — again, I’m not a structural engineer — there wouldn’t be enough time (in the hours between the plane attacks and building 7’s collapse) to rig such a massive building for controlled demolition.  It would have had to have been rigged with explosives well before the attacks, etc. etc.

See how these conspiracy theories are born?  But Again — just for the record — my knowledge in structural engineering is non-existent, so I can’t guarantee the validity of the statements I’ve made towards that end.  This is merely an attempt to provide a bird’s eye view into a common 9-11 conspiracy theory.

We’ll probably never fully understand all that transpired on 9-11, outside the official record, but as you can see, there are often compelling questions that underline these conspiracy theories; enough to make a reasonable person sit up, scratch his head, and wonder, WTF?  Which, of course, isn’t to say there aren’t legitimate answers out there that could, once and for all, put each and every one of these questions to rest.

This is why it is deplorable when the establishment sets out to destroy the reputation and marginalize anyone who doesn’t mechanically parrot whatever the establishment has deemed the ‘acceptable’ explanation for this Goliath of American disasters. Take Van Jones, who was pushed out of the Administration for having reservations, at one time or another, about 9-11:

Jones, who joined the administration in March as special adviser for green jobs at the CEQ, had issued two public apologies in recent days, one for signing a petition in 2004 from the group 911Truth.org that questioned whether Bush administration officials “may indeed have deliberately allowed 9/11 to happen, perhaps as a pretext for war” and the other for using a crude term to describe Republicans in a speech he gave before joining the administration.

And of course, as these conspiracy theories have spread like wildfire, the Administration has resorted to appointing people, like Cass Sunstein, to head the Office of Information and Regulatory Affairs, which oversees policies relating to privacy, information quality, and statistical programs.  Sunstein advocates for the “cognitive infiltration” of groups who advocate for “conspiracy theories” like the ones surrounding 9/11:

[Sunstein] argued that the government should stealthily infiltrate groups that pose alternative theories on historical events via “chat rooms, online social networks, or even real-space groups and attempt to undermine” those groups.

But doesn’t Sunstein and others miss the point by not addressing the underlying cause of all this paranoia?  The point is that our government consistently acts in ways that erode public confidence in the accountability of government officials. This results in an environment that actually fosters paranoia and suspicion — an environment primed for incubating conspiracy theories.

There would be very few conspiracy theories if the government routinely launched independent investigations in a timely and transparent manner; thereby exemplifying its commitment to the rule of law.  This is about bridging the trust gap between the people and their government.  Attempting to infiltrate American conversations with government shills will only exacerbate public distrust — not quell it.

U.S. FAILURES IN INVESTIGATION AND ACCOUNTABILITY

Despite the fact the WTC Building #7 conspiracy theory has floated around since 9-11-2001, the government actually delayed its investigation of the building for half a decade.  The reason?:  It decided NOT to hire new staff to support such an investigation.  This meant much of the evidence on the ground had been hauled off and disposed of years before the investigation was actually completed, thereby ensuring other independent sources couldn’t verify the government findings:

14. Why is the NIST investigation of the collapse of WTC 7 (the 47-story office building that collapsed on Sept. 11, 2001, hours after the towers) taking so long to complete? Is a controlled demolition hypothesis being considered to explain the collapse?

When NIST initiated the WTC investigation, it made a decision not to hire new staff to support the investigation. After the June 2004 progress report on the WTC investigation was issued, the NIST investigation team stopped working on WTC 7 and was assigned full-time through the fall of 2005 to complete the investigation of the WTC towers. […]

It is anticipated that a draft report will be released for public comment by July 2008 and that the final report will be released shortly thereafter.  […]

This hypothesis may be supported or modified, or new hypotheses may be developed, through the course of the continuing investigation. NIST also is considering whether hypothetical blast events could have played a role in initiating the collapse. While NIST has found no evidence of a blast or controlled demolition event, NIST would like to determine the magnitude of hypothetical blast scenarios that could have led to the structural failure of one or more critical elements.

Considering the US government throws money to the wind daily, it would come as a shock to most Americans to learn their government scoffed at hiring new staff members to conduct a thorough and timely investigation into one of the most catastrophic crimes ever committed against the United States of America: 9-11.  Do you see how this plays right into the hands of the conspiracy theorists?  You couldn’t make this stuff up.

And now we have a new President whom we hoped would bridge that trust gap between government and people.  And how has Obama responded?  Whenever he is asked whether he will appoint a special investigator to investigate the most egregious crimes of the Bush administration, including misleading us into an illegal war, torturing detainees, warrantless wiretapping, and the controversial firing of eight U.S. federal prosecutors, he routinely answers:

I prefer to look forward, not backward.

Talk about obliterating the trust between government and people!  But Obama took it yet a step further.  He actually threatened the British government not to allow its High Courts to reveal Bush Administration crimes, and has also intervened to shut down similar lawsuits in US courts.  Did you get that?  President Barack Obama is conspiring with administration and DOJ officials to blatantly cover up Bush Administration crimes.

And yet, isn’t that essentially the cornerstone of 9-11 conspiracy theories? — that the government has allegedly engaged in a conspiratorial cover-up of a heinous crime which members of the political establishment either orchestrated, or knowingly allowed to be carried out?  You don’t need to appoint Cass Sunstein, Mr. President.  You need to appoint special investigators to vigorously enforce the laws of this land.

Conspiracy theories will continue to thrive and flourish as long as accountability remains non-existent in our nation’s Capitol.

Is The Coffee Party Shilling For The DNC?

by on Friday, March 5, 2010 at 4:46 pm EDT in Politics

I was intrigued by the news that a counter-Tea Party movement was formulating on the Left, calling itself the Coffee Party. I envisioned a group perhaps better educated than the misguided Tea Partiers, though driven by a comparable populist anger. After all, many on the Left feel royally duped by their supposed change-agent, President Barack Obama.

He has broken A LOT of promises — ones which were VERY IMPORTANT to his once energized supporters, leaving them thoroughly demoralized. Here are just a few of Obama’s broken promises:

  • He would not come to Washington and cut back door deals with entrenched interests — there would be complete transparency during health care negotiations (on C-SPAN), and everyone would get a seat at the table.  Nope.
  • He would not allow lobbyists nor those with conflicts of interests to serve in his administration.
  • A public option would be a key component of any health care bill, and he promised not to mandate that Americans purchase health insurance from ‘for profit’ health insurance companies.  He then did the very opposite once elected.
  • Americans would be able to buy their medicines from other developed countries if the drugs are safe and priced lower than in the U.S., and he’d allow Medicare to negotiate for cheaper drug prices.  Nope, instead he cut a back door deal with the Pharmaceutical Industry agreeing to ban it.
  • As President, he would recognize the Armenian Genocide (he used very strong language on this matter).  However, once elected he refused to acknowledge it as genocide (when asked by reporters) in Turkey, and he then proceeded to lobby Congress this week to deny a vote on Resolution 252 that would have made such an acknowledgment.
  • He would close Guantanamo Bay immediately, and to restore habeas corpus.  Nope, he plans to keep suspects imprisoned indefinitely without trial, and Guantanamo Bay remains open for business.
  • He would reject the Military Commissions Act, which allowed the U.S. to circumvent Geneva Conventions in the handling of detainees.  Nope.
  • In the spirit of transparency he would amend executive orders to ensure that communications about regulatory policymaking between persons outside government and all White House staff are disclosed to the public.  Nope.

So naturally, I would have expected to see some of this mentioned on the site of this new ‘grass routes movement’ calling itself the Coffee Party. On the contrary, they don’t seem to advocate for a single issue or policy proposal; the group seems completely void of substance.

Take the Coffee Party’s Mission Statement:

The Coffee Party Movement gives voice to Americans who want to see cooperation in government. We recognize that the federal government is not the enemy of the people, but the expression of our collective will, and that we must participate in the democratic process in order to address the challenges that we face as Americans. As voters and grassroots volunteers, we will support leaders who work toward positive solutions, and hold accountable those who obstruct them.

“Cooperation”?! That sounds A LOT like “BI-PARTISANSHIP” to me. You know, the term Obama uses as a means to promote corporatist (anti-populist) policies under the cover of “a need to compromise with Republicans or ‘Centrists’.” Let’s face it, President Obama has rhetorically opted for bi-partisanship as a means to crush meaningful change since the very first day he took office. And yet this Coffee Party is ironically parroting Obama’s key talking point in their ‘grass routes’ mission statement? Could this group be shilling for Obama’s political arm — the now crumbling Organizing For America?

There’s nothing in that Coffee Party’s mission statement that suggests a move towards populism or an effort to pull Obama further to the Left (back towards the promises he ran on). Wouldn’t that be the equivalent to what the Tea Party is trying to accomplish from their end? Aren’t Tea Partiers, as delusional as they may be, trying to pull Republican politicians towards populist policies important to them?

Whereas Tea Partiers seem disenchanted with both the Republican party and the government, Coffee Partiers seem contented with the Democratic Party and the government. The only issue that seems to resonate with the Coffee Party is Republican obstructionism. In fact, I couldn’t find a single criticism of the President, nor a mention of Democratic betrayals on their entire site. Some ‘grass routes’ movement!

The group asks every Coffee Party member to sign the following Civility Pledge:

As a member or supporter of the Coffee Party, I pledge to conduct myself in a way that is civil, honest, and respectful toward people with whom I disagree. I value people from different cultures, I value people with different ideas, and I value and cherish the democratic process.

It appears this group is more interested in making a statement about the ugliness they see at Tea Party gatherings than they are in actually promoting policies that might improve Americans’ lives. Their elected Democratic representatives (who control all branches of government) have been selling them out for one year now by putting entrenched interests above their own, and Coffee Partiers don’t have a single thing to complain about with regards to their own party?

Watch this video (off their home page) which the Coffee Party is using to sell themselves, and then tell me if you believe these people are issue-driven:

If this were a Tea Party video, you’d hear a lot of passionate — admittedly crazy-sounding — angst about how their party and government is disappointing them. Tea Partiers joined together as a ‘grass routes movement’, because they feel very strongly about specific issues. The Coffee Party doesn’t seem to stand for anything, beyond getting together to sip lattes.

Surely they must have a strong feeling about some issue of importance to Americans (in the midst of two wars, a horrific recession, and a government that is no longer responsive to the people)? Issues drive movements, not Kumbaya gathering. It’s as if the DNC itself has choreographed a “grass routes movement” void of the populist fervor that once drove Organizing For America.

The Politics Of Genocide Denial

by on Wednesday, March 3, 2010 at 7:58 pm EDT in Politics, Turkey, World

The House Foreign Affairs Committee is preparing to consider H.Res.252—The Armenian Genocide Resolution—this Thursday (March 4, 2010), and it has some key Congresspeople scrambling to kill it. The resolution calls upon the President of the United States: (1) to ensure that U.S. foreign policy reflects appropriate understanding and sensitivity concerning issues related to human rights, […]

With No Exit Polls, The “Why?” For Dem. Coakley’s Senate Defeat Gets Spun

by on Wednesday, January 20, 2010 at 3:44 pm EDT in Healthcare, Politics

One of the most vexing revelations to come from last night’s Senatorial contest in Massachusetts was the fact there were NO EXIT POLLS.  NONE!  Not a single news organization conducted exit polls to ascertain a “why?” for such a huge, significant upset. Surely, the networks knew the significance of last night’s election before a single […]

Breaking News: U.S. Threatens Aid To Israel In Pursuit Of Peace Deal

by on Friday, January 8, 2010 at 11:03 pm EDT in Middle East, Politics, World

In speaking with PBS on the eve of his visit to the Middle East, U.S. special envoy George J. Mitchell delivered an unveiled threat to Israel: George Mitchell threatened that his country would freeze its aid to Israel if the Jewish state failed to advance peace talks with the Palestinians and a two-state solution. Mitchell […]

Obama’s Biggest Broken Promise: The One On Special Interests

by on Thursday, December 24, 2009 at 1:28 pm EDT in Healthcare, Politics

Barack Obama told the Washington Post that he never campaigned on the public option.  I recently provided resounding proof — as aggregated by Think Progress — and also included a new scathing ad being run by The Progressive Change Campaign Committee SHOWING Obama telling his supporters that he would only sign a plan that contained […]

New Ad Shows President Obama’s Broken Health Care Promises, In His Own Words

by on Wednesday, December 23, 2009 at 1:31 pm EDT in Healthcare, Politics

The two most controversial aspects of the recently passed Senate health care bill include the absence of a public option, and a mandate whereby the public will be required with penalty — to be enforced by the IRS — to purchase health insurance policies from the private, for-profit, health insurance industry; policies which may very […]

Bill Moyers Journal: Why Robert Kuttner’s ‘Party Line’ Mindset Ensures The Status Quo

by on Sunday, December 20, 2009 at 12:03 pm EDT in Healthcare, Politics

On Friday night Bill Moyers hosted a fascinating debate on the Senate’s health care bill between Matt Taibbi, contributing editor for Rolling Stone, and Robert Kuttner, co-editor of the American Prospect.  (The video can be viewed here:  Bill Moyers Journal).  Taibbi and Kuttner both describe the just-passed health care bill as disastrous.  They outline how […]

New Poll: Majority of Americans Reject ‘Obama-Lieberman’ Health Care Bill

by on Friday, December 18, 2009 at 2:46 pm EDT in Healthcare, Politics

New results from a national poll, conducted by Research 2000 between December 16 and 17, reveal that a majority of American voters are now AGAINST each and every aspect of the Senate’s ‘Obama-Lieberman’ health care bill — which President Obama is now urging for a quick passage. The questions asked in the poll follow below: […]